On March 12, 2014, Centor Energy, Inc. received notification from a third party that Mr. J. Michael Sullivan resigned from his positions as President, Chief Executive Officer and a director of the company as of February 24, 2014. On March 13, 2014, following the resignation of Mr. Sullivan as President/CEO and Director, Mr. Fred DaSilva, who is currently serving the company as a Director and Treasurer and Secretary, was appointed as President, CEO, Chief Financial Officer, Secretary and Treasurer of the company and shall hold office until the next annual meeting of shareholders and until their successor is duly elected and qualified or until their resignation or removal.